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Business for Sale Summary

Bar & Grill Burlington County NJ - 27039

Business Type: bar/tavern/night clubs,other eating & drinking places,restaurant/ cafes,agents/brokers,other business services,business with property available,seller financing available
Bar & Grill Burlington County NJ
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This business has received 42 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $1,500,000 Down Payment $1,250,000
Gross Revenues $0 Lease Remaining Register Free to View
Owner’s Cash Flow $0 Number of FT Employees Register Free to View


$1,250,000 Down and $250,000 at P 3 over 36 Months.

Business Description

This is an opportunity to purchase newly-zoned "Town Center" property, with a profitable business. This is an opportunity to generate multiple income streams at one time. Seller financing available. This business is ideal for a developer with liquor license, and bar and grill interest and experience. It is a multi-story zoning property development, with potential for first-story liquor/food opportunity. Currently, profitable business and rent rolls on existing property structures. State of New Jersey has proposed and is promoting "Town Center" development, and this business and land parcel are at the very heart of the proposal. There will be no better address for this development. Seller is eager to exit at, what he believes, is a reasonable sale price. As business and rent roll are profitable, new investor/developer has the opportunity to "cover" purchase price while architectural, development and financing planning are completed. The customers love it. In fact, one customer stated, "Nice place with darts, pool and even a beer pong table. They have many nights of specials. Nice staff, great food and service! Can't wait to go back and try out more of the menu." This is a great and potentially historic opportunity to share in the redevelopment of this very distinct locality. This is a great opportunity to create a business and real estate "home run". National brands are also taking advantage of the "Town Center" zoning, thus creating an "assured" opportunity for this business and property. Seller recently repossessed business due to inexperience of last buyer. Original owner wants to move onto other interests, and is now selling business and property (must be purchased together, as seller has no interest in being landlord). There are multiple opportunities for this business and property. The business: recently renovated bar and grill, already profitable and functioning profitably. This is a popular local destination, with only one competitor in town. This is a very distinct locality, with no opportunity to add competition. Property: one acre, total, compromising three individual lots. Property size: single story business building with 6,000 sq. ft. of bar, dining room, catering room, kitchen and storage, 6-unit, 2-story apartment building and 2-story building, housing one commercial tenant and three apartments, and one-story building with two apartment units. Residential unit of 1700 sq. ft., with one story and full basement, completely remolded. Property must be purchased with business. (Vested Business Brokers represents the sale of the business, only). Call broker at 1-877-735-5224, because all offers are being reviewed for a quick sale and closing. kg

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.